Listing provided courtesy of Golden Group Realty LLCMLS# 1073773MLS Provider
  • 87 days on site
  • 1 views

An Extraordinary Riverside Estate -- Land, Water & Limitless Potential. Situated on one of the most prestigious stretches of Riverside Drive in charming Indialantic, Florida, Villa Rotunda located at 1000 N. Riverside Drive represents a singular opportunity in Brevard County's luxury waterfront market. Spanning nearly one full acre along the banks of the Indian River, this property offers approximately 130 feet of direct river frontage -- a rare commodity on a street where estate-sized lots and breathtaking Indian River vistas define the landscape between the Eau Gallie and Fifth Avenue causeways. The riverfront improvements alone place this property in a category of its own. A brand-new vinyl seawall finished with coquina rock anchors the property along the water's edge, providing both lasting structural integrity and a refined, natural aesthetic befitting a luxury estate. Over a multi-year process, the owner undertook an exceptional investment in the dock infrastructure - extending the private dock to an impressive 400 feet, making it among the longest private docks on the Indian River in this corridor. At its terminus, a substantial boathouse has been constructed -- reportedly one of the largest in the area -- purpose-built to house a 40-foot catamaran, yacht, or comparable vessel such as a Sea Ray, complete with a 40,000 lb. boat lift. A second docking area offers additional mooring for another boat, jet ski, or watercraft. Step to the end of your dock each evening and you'll understand why this stretch of the Indian River is so coveted -- the western sunsets paint the sky in color and are best enjoyed from the water's edge. This is one of the very few -- possibly the only -- walled and gated properties along Riverside Drive, offering a level of privacy and security that is virtually unmatched in the area. Approximately 375 feet of perimeter wall runs along both the north and south sides of the property, creating a true private enclave from arrival to waterfront. The grounds have been thoughtfully developed for outdoor living and entertaining. A cabana with a stone fireplace creates an ideal setting for alfresco dining and gathering under the stars. A dedicated fire pit area provides another gathering focal point. A separate gazebo houses a spa and presents the natural opportunity to be reimagined as an outdoor pool bath -- particularly relevant for a new build or full renovation incorporating a riverfront pool. The existing residence -- a Mediterranean-inspired 4-bedroom, 4.5 -bath two story concrete block home of approximately 3,086 square feet built in 1996 -- carries the bones and character of a one-of-a-kind estate, including its distinctive Old World European design heritage known as Villa Rotonda. However, the property is being offered with full acknowledgment that the home is ready for complete transformation. The buyer has two compelling paths forward: a full-scale renovation and redesign utilizing the available architectural design plans, or a clean-slate new construction taking full advantage of the extraordinary lot, water frontage, and existing dock and seawall infrastructure.A complete set of architectural design plans is available for the discerning buyer who is ready to recreate the current riverfront estate into their vision. The infrastructure investment already made -- the seawall, the 400 -foot dock, the boathouse, the perimeter walls -- represents significant capital already deployed and ready to serve a spectacular new residence. Location. Riverside Drive is one of Brevard County's most sought-after addresses, running along the Indian River between the causeways with no HOA restrictions and a lifestyle defined by waterfront living, proximity to nature, and convenient access to 5th Avenue's dining and shopping, downtown Melbourne, and the Atlantic beaches just minutes away. Whether your vision is a refined remodel or an architectural ground-up masterpiece, 1000 N. Riverside Drive offers the land, the

Source: Brevard Space Coast MLS, MLS#: 1073773

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  • Property Type
    Residential
  • Lot
    0.87 acres

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  • Median Age
    50
  • Population Density
    1,559
  • College Educated
    63%
  • Estimated Median Income
    $81,488
  • Estimated Total Home Owners
    5,102
  • Estimated Total Renters
    1,063
  • Owner / Renter Divide
    83% / 17%
  • Estimated Average Household Size
    2
  • Total Population
    14,693
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1000 N Riverside Drive


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: Brevard Space Coast MLS Price Reduction
$2,745,000 -8.3%
4/3/2026Source: Brevard Space Coast MLS Added to Database
April 03, 2026